GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » China Aerospace Times Electronic Co Ltd (SHSE:600879) » Definitions » Median PS Value

China Aerospace Times Electronic Co (SHSE:600879) Median PS Value : ¥8.02 (As of May. 16, 2024)


View and export this data going back to 1995. Start your Free Trial

What is China Aerospace Times Electronic Co Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. China Aerospace Times Electronic Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥5.861. China Aerospace Times Electronic Co's 10-Year median PS Ratio is 1.3684. Therefore, the Median PS Value for today is ¥8.02.

As of today (2024-05-16), China Aerospace Times Electronic Co's share price is ¥7.57. China Aerospace Times Electronic Co's Median PS Value is ¥8.02. Therefore, China Aerospace Times Electronic Co's Price to Median PS Value for today is 0.94.

The historical rank and industry rank for China Aerospace Times Electronic Co's Median PS Value or its related term are showing as below:

SHSE:600879' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.42   Med: 0.74   Max: 1.52
Current: 0.94

During the past 13 years, the highest Price to Median PS Value of China Aerospace Times Electronic Co was 1.52. The lowest was 0.42. And the median was 0.74.

SHSE:600879's Price-to-Median-PS-Value is ranked better than
67.66% of 167 companies
in the Aerospace & Defense industry
Industry Median: 1.21 vs SHSE:600879: 0.94

China Aerospace Times Electronic Co Median PS Value Historical Data

The historical data trend for China Aerospace Times Electronic Co's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Aerospace Times Electronic Co Median PS Value Chart

China Aerospace Times Electronic Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.30 8.48 8.97 9.26 8.79

China Aerospace Times Electronic Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Median PS Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.60 9.56 9.08 8.79 8.02

Competitive Comparison of China Aerospace Times Electronic Co's Median PS Value

For the Aerospace & Defense subindustry, China Aerospace Times Electronic Co's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Aerospace Times Electronic Co's Price-to-Median-PS-Value Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China Aerospace Times Electronic Co's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where China Aerospace Times Electronic Co's Price-to-Median-PS-Value falls into.



China Aerospace Times Electronic Co Median PS Value Calculation

China Aerospace Times Electronic Co's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=5.861*1.3684
=8.02

10-Year Median PS Ratio is 1.3684.
China Aerospace Times Electronic Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥5.861.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Aerospace Times Electronic Co  (SHSE:600879) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

China Aerospace Times Electronic Co's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=7.57/8.02
=0.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


China Aerospace Times Electronic Co Median PS Value Related Terms

Thank you for viewing the detailed overview of China Aerospace Times Electronic Co's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


China Aerospace Times Electronic Co (SHSE:600879) Business Description

Traded in Other Exchanges
N/A
Address
Plant 22MB, High-Tech Park, Economic Technology Development District, Wuhan, CHN, 430056
China Aerospace Times Electronic Co Ltd is a China-based company. It engaged in the manufacturing and distribution of aerospace electronic products. Its products include satellite applications, inertial navigation, Integrated circuit, Drone.

China Aerospace Times Electronic Co (SHSE:600879) Headlines

No Headlines